Calgary mortgage rates: where are they going?
Number of View: 1167Variable-Rate Mortgage Forecast Analysts still expect the Bank of Canada to remain on the sidelines until 2nd quarter 2011. On average, major economists now predict a 200 basis point increase in the overnight rate over the next 24 months. Their outlooks, if accurate, imply a 5.00% prime rate by December 31, 2012. [...]
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